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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Alibaba Group Holding Limited - BABA

GlobeNewswire Inc.·
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Alibaba Group Holding Limited - BABA

Pomerantz LLP is investigating Alibaba Group Holding Limited for potential securities fraud following two major incidents: Anthropic's accusation that Alibaba obtained illicit access to its Claude AI model through fake accounts, and a $600 million non-prosecution agreement with the U.S. Department of Justice for failing to prevent illegal pharmaceutical sales on its platforms. These disclosures triggered significant stock price declines.

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